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News

Seoul Economic Daily
en.sedaily.com > society > 09/14/2026 > korea-warns-of-airline-consumer-damage-as-complaints-jump

Korea Warns of Airline Consumer Damage as Complaints Jump 37% a Year

10+ min ago   (279+ words) Complaint Growth More Than Double Rise in Travelers 7,438 Redress Requests Filed Over Past Three Years Contract Cancellation Disputes Top List at 4,341 Cases Consumer Agency, FTC Issue Alert Ahead of Chuseok Consumer complaints over airline services have risen sharply as demand…...

Google News
en.sedaily.com > finance > 09/14/2026 > land-minister-nominee-open-to-housing-on-yongsan-park

Land Minister Nominee Open to Housing on Yongsan Park Fringes

5+ hour, 10+ min ago   (221+ words) Written Answers Submitted to Assembly Ahead of Confirmation Hearing On Greenbelt, Says Supply Should Focus on Already Damaged Areas Hong Ji-sun, the nominee for minister of land, infrastructure and transport, said the government will examine whether homes can be built…...

Seoul Economic Daily
en.sedaily.com > society > 09/14/2026 > jungheung-group-pays-70-billion-won-in-cash-to

Jungheung Group Pays 70 Billion Won in Cash to Subcontractors

36+ min ago   (274+ words) Construction Payments Made Fully in Cash Ahead of Chuseok Move Eases Wage and Material Costs for Partner Firms GWANGJU — Jungheung Group is again moving to ease the financial strain on its subcontractors, deciding to pay out 70 billion won ($50 million) in…...

Seoul Economic Daily
en.sedaily.com > finance > 09/14/2026 > seoul-home-trade-permit-filings-hit-record-low-in-august

Seoul Land Transaction Permit Filings Plunge 35% in August

58+ min ago   (344+ words) Seoul recorded 3,012 land transaction permit applications in August, down 35% in a single month Down 66% from the April peak, the lowest since the citywide designation took effect Gangnam's three districts and Yongsan fell 0.34%, while northern Seoul rose 0.61% New applications for land…...

Seoul Economic Daily
en.sedaily.com > society > 09/14/2026 > chey-tae-won-warns-ai-boom-could-fizzle-without-returns

Chey Tae-won Warns AI Boom Could Fizzle Without Returns

1+ hour, 2+ min ago   (342+ words) ■AI PRISM [Global News] Chey Tae-won: AI Must Reach a Point Where It Earns Enough to Fund Its Own Investment Fed, BOJ Both Decide Rates This Week Confusion Over Funding for Trump's $5,000 Dividend ■ Super week for rates: The U.S....

Seoul Economic Daily
en.sedaily.com > finance > 09/14/2026 > korea-weighs-easing-tax-on-non-occupant-single-home-owners

Korea Weighs Easing Tax on Non-Occupant Single-Home Owners

1+ hour, 14+ min ago   (217+ words) ■AI PRISM [Real Estate News] Deputy PM Nominee Lee Hyung-il: "Hard to Call Non-Occupancy in Rebuilt Homes Speculation" Tax Agency Moves to Refund Overpaid Comprehensive Real Estate Tax to Co-Owning Couples Sole Bidding Spreads in Yeouido and Mokdong Rebuilding Projects…...

Google News
en.sedaily.com > finance > 09/14/2026 > coupang-brings-private-label-brands-together-at-seongsu

Coupang Brings Private-Label Brands Together at Seongsu Festival

6+ hour, 4+ min ago   (237+ words) CPLB's First Offline Festival Since Its Founding Hands-On Programs Expanded, 120 Small Manufacturers Join CPLB, Coupang's private-label subsidiary, said on the 14th that it will hold the Coupang Only Festa from Sept. 17 to 20 at Anderson C in Seongsu-dong, Seongdong-gu, Seoul. It is…...

Seoul Economic Daily
en.sedaily.com > finance > 09/14/2026 > shinhan-asset-management-joins-canton-blockchain-as-super

Shinhan Asset Management Joins Canton Blockchain as Super Validator

1+ hour, 22+ min ago   (319+ words) Firm to Verify Transactions and Take Part in Key Policy Decisions Focus on Technology Testing Until Tokenized Securities Rules Are Set Shinhan Asset Management will serve as an operating institution on the Canton Network, a blockchain platform built for global…...

Seoul Economic Daily
en.sedaily.com > finance > 09/14/2026 > food-and-labor-costs-eat-up-716-percent-of-korean

Food and Labor Costs Eat Up 71.6% of Korean Restaurant Sales

1+ hour, 54+ min ago   (248+ words) Restaurants in South Korea are keeping less of what they earn, with food and labor costs exceeding 70% of sales for the first time last year. Costs are climbing faster than revenue, squeezing already thin margins across the industry. Food Costs…...

Seoul Economic Daily
en.sedaily.com > society > 09/14/2026 > jeonnam-gwangju-to-spend-2748-billion-won-fixing-disaster

Jeonnam-Gwangju to Spend 274.8 Billion Won Fixing Disaster-Prone Sites

2+ hour, 26+ min ago   (360+ words) 156 Districts Covered, With 33 Newly Selected Flood and Landslide Risks Targeted in Residential Areas JEONNAM-GWANGJU — Jeonnam-Gwangju Integrated Special City is speeding up repairs at sites prone to natural disasters to better protect residents. The city said on the 14th that it will…...